Guideline Value for ADHIDERAVEDAR NATTAM

Adhideravedar Nattam guideline value

The current guideline value of Adhideravedar Nattam is Rs 330 per sq.ft, effective from 1 July 2024. This street is located in Vellalore village, under the Singanallur SRO, and is classified as Residential Class II Type - I.

How the guideline value of Adhideravedar Nattam has changed

The guideline value for Adhideravedar Nattam has undergone several revisions over the years. In 2012, the value was Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in 2017. Following this, the value saw a significant increase to Rs 300 per sq.ft in 2023, and then rose to Rs 330 per sq.ft in 2024. The register has no figures for the years 2002, 2003, and 2007 for this street.

From 2012 to 2017, there was a decrease of 33%. However, from 2017 to 2023, the value increased by 49%. The most recent change from 2023 to 2024 reflects a 10% increase. Overall, from 2012 to 2024, the guideline value has increased by 10%.

Guideline values in Vellalore

In Vellalore, there are 307 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 210 to Rs 3,850 per sq.ft. The median value for these streets is Rs 330 per sq.ft, making the guideline value for Adhideravedar Nattam equal to this median.

• Abirami Garden: Rs 220 per sq.ft (2024)
• Aaanamalai amman kovil street: Rs 275 per sq.ft (2024)
• Alamiyammal Street: Rs 330 per sq.ft (2024)
• Alayam Avenue: Rs 330 per sq.ft (2024)
• Alayam Nest: Rs 330 per sq.ft (2024)
• Alpha Residence Extension: Rs 330 per sq.ft (2024)

Stamp duty and registration fee for property in Adhideravedar Nattam

For a 1,000 sq.ft plot at the current rate of Rs 330 per sq.ft, the guideline value is Rs 3,30,000. The stamp duty at 7% would be Rs 23,100, and the registration fee at 2% would be Rs 6,600, totaling Rs 29,700. Please note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Adhideravedar Nattam?

The Sub Registrar Office that covers Adhideravedar Nattam is the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Vellalore

The guideline value is an essential factor when buying or selling property in Vellalore, as it determines the amount of stamp duty and registration fees that need to be paid. Buyers and sellers must consider this value to ensure compliance with local regulations during property transactions.

At the time of registration, the guideline value is used as a reference point to assess the property's worth. It helps in determining the legal obligations regarding taxes and fees associated with the transfer of property ownership.

Frequently asked questions

What is the current guideline value of Adhideravedar Nattam?

The current guideline value of Adhideravedar Nattam is Rs 330 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 330 per sq.ft in 2024.

What is the land classification for Adhideravedar Nattam?

Adhideravedar Nattam is classified as Residential Class II Type - I.

Where can I find the Singanallur Sub Registrar Office?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.

How is the stamp duty calculated for properties in Adhideravedar Nattam?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, for a 1,000 sq.ft plot at Rs 330 per sq.ft, the total stamp duty would be Rs 23,100 at a rate of 7%.